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Just need help with part C Please. assumes for planning purposes that the amount bid by each competitor will be uniformly distributed between $100,000 and
Just need help with part C Please.
assumes for planning purposes that the amount bid by each competitor will be uniformly distributed between $100,000 and $142,000. 0.289 (b) How much does Strassel need to bid to be assured of obtaining the property? \begin{tabular}{|c|} \hline$122,000 \\ $132,000 \\ $142,000 \\ \hline \end{tabular}Step by Step Solution
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